What are the primary day-to-day responsibilities of Financial Analysts within a corporation's internal finance function, as opposed to transactional roles?

Budgeting, forecasting, and variance analysis, acting as internal consultants to department heads.

Financial Analysts operating within the Corporate Finance track function internally to support the financial health and strategy of their employer. Their core responsibilities revolve around foundational financial processes: creating budgets, projecting future financial performance (forecasting), and analyzing discrepancies between planned results and actual outcomes (variance analysis). In this capacity, they function internally as consultants, providing critical data and analysis to departmental leaders to guide operational efficiency. This is distinct from the external focus of Investment Bankers or the complex modeling of Quantitative Analysts.